Retirement plan

COMPLIANCE 401(K) MULTIPLE EMPLOYER PLAN

Name: ALEGRIA PRIMARY HOME CARE, INC. - COMPLIANCE 401(K) MULTIPLE EMPLOYER PLAN (2021) Form 5500
Creator: ALEGRIA PRIMARY HOME CARE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMPLIANCE 401(K) MULTIPLE EMPLOYER PLAN, ALEGRIA PRIMARY HOME CARE, INC.

ALEGRIA PRIMARY HOME CARE, INC.EIN 20-5536713Plan #002PY 2021

900 E. REDBUD AVENUE, STE E - MCALLEN, TX 78504956-627-2844alegriaphc.comLinkedIn51-200 employeeshospital & health care

Prospect flagsLow participationLow employer contributionLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$525K

+19.8% from 2020

Total participants

429

-1.4% from 2020

Average account balance

$16,924

+31.4% from 2020

Annual return

13.10%

+13.10 pp from 2020

Benchmarks

See 3,799 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,799 peers

Snapshot2021

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$749K

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$28K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

3.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$85K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$122

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+8.89%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$1620

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
AMERITAS LIFE INSURANCE CORP1 year Filed as: AMERITAS Service code 15 · EIN 47-0098400	Recordkeeping	$0
MALCOLM THOMPSON & ASSOCIATES1 year Filed as: MALCOLM THOMPSON AND ASSOCIATES Service code 49 20445 STATE HWY 249 · HOUSTON, TX 77070	Other Services	$0
MESIROW FINANCIAL INVESTMENT MANAGE1 year Filed as: MESIROW Service code 26 353 NORTH CLARK STREET · CHICAGO, IL 60654	Advisory (Participants)	$0
STADION MONEY MANAGEMENT1 year Filed as: STADION Service code 26 1061 CLIFF DAWSON ROAD · WATKINSVILLE, GA 30677	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$9K

$21 / participant

Contract admin$9K100.0%

% of EOY assets

1.703%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CROWE LLP
Auditor EIN: 741769118
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,924

$56,540-70.1%

$185,851-90.9%

$86,821-80.5%

Participation rate

7.2%

65.5%-58.3pp

81.7%-74.5pp

72.3%-65.1pp

Annual return

13.10%

118.20%-105.1pp

122.11%-109.0pp

97.94%-84.8pp

Employer contribution / active EE

$83

$1,844-95.5%

$5,168-98.4%

$2,406-96.6%

Participant deferral / active EE

$113

$2,555-95.6%

$5,569-98.0%

$4,132-97.3%

Admin fee / account holder

$288

$150+92.6%

$16,245-98.2%

$170+70.0%

Provider

Service type

Compensation

AMERITAS LIFE INSURANCE CORP1 year

Filed as: AMERITAS

Service code 15 · EIN 47-0098400

Recordkeeping

MALCOLM THOMPSON & ASSOCIATES1 year

Filed as: MALCOLM THOMPSON AND ASSOCIATES

Service code 49

20445 STATE HWY 249 · HOUSTON, TX 77070

Other Services

MESIROW FINANCIAL INVESTMENT MANAGE1 year

Filed as: MESIROW

Service code 26

353 NORTH CLARK STREET · CHICAGO, IL 60654

Advisory (Participants)

STADION MONEY MANAGEMENT1 year

Filed as: STADION

Service code 26

1061 CLIFF DAWSON ROAD · WATKINSVILLE, GA 30677

Advisory (Participants)

COMPLIANCE 401(K) MULTIPLE EMPLOYER PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMPLIANCE 401(K) MULTIPLE EMPLOYER PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion